Accenture (NYSE:ACN) Updates FY25 Earnings Guidance

Accenture (NYSE:ACN) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $12.55-12.79 for the period, compared to the consensus earnings per share estimate of $12.73. Accenture also updated its FY 2025 guidance to 12.550-12.790 EPS.

Accenture Trading Down 7.3 %

NYSE:ACN opened at $300.86 on Friday. The stock has a market cap of $188.28 billion, a price-to-earnings ratio of 25.24, a PEG ratio of 3.23 and a beta of 1.24. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average price is $360.05 and its 200-day moving average price is $357.39. Accenture has a 52 week low of $278.69 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, March 20th. The information technology services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.01. The business had revenue of $16.70 billion during the quarter, compared to analyst estimates of $16.64 billion. Accenture had a return on equity of 26.91% and a net margin of 11.41%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.77 EPS. On average, equities research analysts forecast that Accenture will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 10th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.97%. Accenture’s payout ratio is presently 49.66%.

Analyst Upgrades and Downgrades

ACN has been the topic of a number of research analyst reports. UBS Group increased their price objective on shares of Accenture from $450.00 to $455.00 and gave the company a “buy” rating in a research report on Friday, December 20th. Mizuho dropped their price target on Accenture from $428.00 to $398.00 and set an “outperform” rating on the stock in a research note on Wednesday. Robert W. Baird upgraded Accenture from a “neutral” rating to an “outperform” rating and set a $390.00 price objective for the company in a research report on Monday. Stifel Nicolaus dropped their target price on Accenture from $390.00 to $380.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Finally, Morgan Stanley lowered their price objective on shares of Accenture from $380.00 to $372.00 and set an “equal weight” rating on the stock in a research note on Monday. Eight research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $384.45.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 375 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.50, for a total transaction of $134,437.50. Following the completion of the transaction, the insider now directly owns 5,149 shares in the company, valued at approximately $1,845,916.50. This represents a 6.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 8,793 shares of Accenture stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $394.47, for a total transaction of $3,468,574.71. Following the completion of the transaction, the chief executive officer now directly owns 11,858 shares of the company’s stock, valued at $4,677,625.26. The trade was a 42.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,280 shares of company stock valued at $8,316,190. 0.02% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Accenture stock. Brighton Jones LLC increased its position in shares of Accenture plc (NYSE:ACN) by 36.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,438 shares of the information technology services provider’s stock after purchasing an additional 4,905 shares during the period. Brighton Jones LLC’s holdings in Accenture were worth $6,486,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.